FestivalPass, the world’s first live events subscription service, has unveiled its Festival Family Founder NFT, which includes instant utility and VIP admission to quarterly bucket list events.
Buyers of the one-of-a-kind NFT acquire one of a limited collection of 10,000 Founder NFTs that will never be sold again.
Once purchased, the Founder NFT unlocks $1,200 in FestivalPass credits every year for as long as they hold the NFT.
FestivalPass credits can be used to purchase tickets to over 80,000 live events on the platform, including concerts, festivals, sporting events, Broadway theater, and more. Credits may also be used to book hotel rooms at over 600,000 hotels worldwide.
NFT holders will also get access to FestivalPass-curated and produced quarterly bucket list events. These NFT-only events will include once-in-a-lifetime experiences such as prominent musicians playing small, intimate performances, premium seating at sporting games with player experiences, and one-of-a-kind gourmet events with renowned chefs that will not be accessible anywhere else.
Festival Family NFTs will be available in 10 drops of 1,000 NFTs each.
The initial drop will be sold at the lowest possible price to reward early adopters. When the first 1,000 are gone, the second batch of 1,000 will be offered at a higher price.
Furthermore, each drop will have its own unique foundation art that represents the many characteristics of live event fans worldwide. Legend, the desired rocker character, will be the first to be released. The other nine Festival Family members will be revealed when each drop is released.
In addition to launching the first-ever Lifetime Founder NFT for live events, FestivalPass accepts cryptocurrency for subscription and ticket payments.